Final salary shortfalls are not strangling DC contributions

Charles Amos explores why DB deficits are costing so much more than DC contributions

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It seems many people were shocked to learn from Barnet Waddingham's annual employer survey that defined benefit (DB) deficit contributions per employee are now higher than defined contribution (DC) contributions. Perhaps a day in medical school - or even comedy school - would help distinguish causes from coincidences.

Ice creams and umbrellas is a favourite medical school example for illustrating the perils of superficial diagnosis. Retailers have long observed that, on warm summer weekends when ice cream sales ...

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